ATrack Technology (Taiwan) Performance
| 6465 Stock | TWD 20.50 0.15 0.73% |
The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ATrack Technology are expected to decrease at a much lower rate. During the bear market, ATrack Technology is likely to outperform the market. At this point, ATrack Technology has a negative expected return of -0.0311%. Please make sure to confirm ATrack Technology's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if ATrack Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ATrack Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, ATrack Technology is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 186.7 M | |
| Total Cashflows From Investing Activities | -38.3 M |
ATrack |
ATrack Technology Relative Risk vs. Return Landscape
If you would invest 2,285 in ATrack Technology on October 6, 2024 and sell it today you would lose (235.00) from holding ATrack Technology or give up 10.28% of portfolio value over 90 days. ATrack Technology is generating negative expected returns and assumes 5.358% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than ATrack, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ATrack Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATrack Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ATrack Technology, and traders can use it to determine the average amount a ATrack Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0058
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| Negative Returns | 6465 |
Estimated Market Risk
| 5.36 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ATrack Technology is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ATrack Technology by adding ATrack Technology to a well-diversified portfolio.
ATrack Technology Fundamentals Growth
ATrack Stock prices reflect investors' perceptions of the future prospects and financial health of ATrack Technology, and ATrack Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ATrack Stock performance.
| Return On Equity | -0.29 | |||
| Return On Asset | -0.0776 | |||
| Profit Margin | (0.41) % | |||
| Operating Margin | (0.33) % | |||
| Current Valuation | 711.13 M | |||
| Shares Outstanding | 32.28 M | |||
| Price To Book | 2.15 X | |||
| Price To Sales | 2.53 X | |||
| Revenue | 208.91 M | |||
| EBITDA | (25.77 M) | |||
| Cash And Equivalents | 372.88 M | |||
| Cash Per Share | 11.57 X | |||
| Debt To Equity | 67.10 % | |||
| Book Value Per Share | 8.64 X | |||
| Cash Flow From Operations | (63.61 M) | |||
| Earnings Per Share | (1.76) X | |||
| Total Asset | 659.48 M | |||
About ATrack Technology Performance
Evaluating ATrack Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ATrack Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ATrack Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
ATrack Technology Inc. designs, develops, manufactures, and sells GPS telematics hardware in Taiwan and internationally. ATrack Technology Inc. was founded in 2010 and is headquartered in Taipei City, Taiwan. ATRACK TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about ATrack Technology performance evaluation
Checking the ongoing alerts about ATrack Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ATrack Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ATrack Technology generated a negative expected return over the last 90 days | |
| ATrack Technology has high historical volatility and very poor performance | |
| ATrack Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company has NT$0.0 in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 208.91 M. Net Loss for the year was (47.94 M) with profit before overhead, payroll, taxes, and interest of 72.77 M. | |
| ATrack Technology has accumulated about 372.88 M in cash with (63.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.57. | |
| Roughly 45.0% of the company shares are owned by insiders or employees |
- Analyzing ATrack Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ATrack Technology's stock is overvalued or undervalued compared to its peers.
- Examining ATrack Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ATrack Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ATrack Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ATrack Technology's stock. These opinions can provide insight into ATrack Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ATrack Stock Analysis
When running ATrack Technology's price analysis, check to measure ATrack Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATrack Technology is operating at the current time. Most of ATrack Technology's value examination focuses on studying past and present price action to predict the probability of ATrack Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATrack Technology's price. Additionally, you may evaluate how the addition of ATrack Technology to your portfolios can decrease your overall portfolio volatility.